Net Worth Calculator

Net worth is the total value of everything you own minus everything you owe. It’s the best single measure of financial health because it accounts for both wealth-building (assets) and wealth-destroying (liabilities) forces at the same time.

Yes — super is your money, just held in a preserved account until retirement. For most Australians it’s their largest or second-largest asset after property, and leaving it out gives a misleadingly low picture of total wealth.

A common benchmark is 1× your annual salary by age 30, 3× by 40, 6× by 50, and 10× by retirement. These are rough guides — the trend (is it growing?) matters more than hitting any specific number at a specific age.

Not necessarily — many people start with negative net worth due to HECS debt, a car loan, or a mortgage on an appreciating property. What matters is the direction: is your net worth growing month to month and year to year?

You can, but be realistic — vehicles depreciate quickly. Use the current market resale value (check car valuation sites), not what you paid. If you have a car loan, subtract the outstanding balance to see your true equity in the vehicle.

Quarterly is ideal for most people. Annual is the minimum. Tracking over time reveals whether your financial decisions are building or eroding wealth, which is more useful than any single snapshot.